NOT LISTED FOR SALE

Estimated Value: $1,390,574 - $1,771,000

8 Beds
5.5 Baths
3,600 Sq Ft
$455/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $1,380,000 $383 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,232/month

31 Days on Market

Highlights

  • Contemporary Architecture
  • 3-minute walk to Elmhurst Avenue
  • Hot Water Heating System
  • Property is near public transit
  • 2 Car Attached Garage

About This Home

As of April 2021

Great Legal 3-family Investment Property in the center of Elmhurst. This unit features a 6/6/5 style layout. Lot Size 20' x 100', Building Size 20' x 60'. First Floor: 2 Bedrooms 1 Bath; Second Floor: 3 Bedrooms 2 Full Baths; Third Floor: 3 Bedrooms 2 Full Baths. Separate Entrance to Basement, 2 Car Garage. Close to all public transportation and shopping centers. 2 Blocks to M, R subway Elmhurst Ave station.

Last Agent to Sell the Property

Siang Liu

P R O Links Realty Inc Brokerage Phone: 718-886-8110 License #10311209596 Listed on: 01/05/2021

Last Buyer's Agent

Yufen Liu

P R O Links Realty Inc License #10401328379

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,576

Year Built

  • Built in 1985

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20' x 100'

Home Design

  • Triplex
  • Contemporary Architecture
  • Split Level Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 2 Car Attached Garage
  • Shared Driveway

Schools

  • Ps 7 Louis F Simeone Elementary School
  • Is 5 Walter Crowley Intermediate

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near public transit

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,576

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Triplex
  • Levels: Multi/Split
  • Year Built: 1985
  • Attribution Contact: 718-886-8110
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Total Bedrooms: 8
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, Garage, Shared Driveway

Utilities

  • Heating: Hot Water, Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Is 5 Walter Crowley Intermediate

Lot Info

  • Lot Dimensions: 20' x 100'
  • Lot Size Sq Ft: 2000
  • Lot Features: Near Public Transit
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 14576

MLS Schools

  • Elementary School: Ps 7 Louis F Simeone
  • Middle School District: Queens24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Apr 20, 2021
Sold by
Zhan Amy Yun Yun
Bought by
Chen Songqiu and Ni Cai Rong
Seller's Agent
Siang Liu
P R O Links Realty Inc
Buyer's Agent
Yufen Liu
P R O Links Realty Inc
List Price
$1,850,000
Sold Price
$1,380,000
Premium/Discount to List
-$470,000
-25.41%
Current Estimated Value
$1,639,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,394
Avg. Annual Appreciation
4.01%
Original Mortgage
$580,000
Outstanding Balance
$525,933
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,113,461

Purchase Details

Closed on
Nov 1, 2000
Sold by
Lee Tsong Tsan
Bought by
Lee Tsong Tsan and Zhan Amy Yun Yun

Purchase Details

Closed on
Mar 12, 1999
Sold by
Lee Tsong Tsan
Bought by
Lee Tsong Tsan and Zhan Yun Yun
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chen Songqiu $1,380,000 --
Chen Songqiu $1,380,000 --
Lee Tsong Tsan $38,000 Fidelity National Title Ins
Lee Tsong Tsan -- Fidelity National Title Ins
Lee Tsong Tsan -- --
Lee Tsong Tsan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Songqiu $580,000
Closed Chen Songqiu $580,000
Previous Owner Miller Lavonia $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $1,380,000 -25.4% $383 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $1,850,000 -- $514 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,809 $83,117 $18,773 $64,344
2024 $15,809 $78,710 $18,257 $60,453
2023 $15,809 $78,710 $18,637 $60,073
2022 $15,536 $106,200 $25,260 $80,940
2021 $15,451 $88,920 $25,260 $63,660
2020 $14,661 $84,600 $25,260 $59,340
2019 $13,721 $91,860 $25,260 $66,600
2018 $13,220 $65,592 $24,655 $40,937
2017 $13,220 $64,853 $24,487 $40,366
2016 $12,231 $64,853 $24,487 $40,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: L3278381

OneKey® MLS

APN: 01533-0059